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UAE become leading importer of poultry from Brazil
Mar, 10, 2022 Posted by Sylvia SchandertWeek 202210
The United Arab Emirates took in February for the first time the lead in poultry imports from Brazil, industry association ABPA reported. The Gulf country surpassed China, which had been the leading poultry buyer until then. The UAE acquired 42,800 tonnes in poultry, up 89.9% year on year.
“The UAE gained prominence in exports from Brazil in the last couple of months, which was crucial, along with the increase in sales to Mexico and the European Union,” ABPA Markets director Luís Rua was quoted as saying in a statement regarding February exports.
According to Rua, the level of purchases from these regions is expected to be maintained over the following months, particularly because Ukraine, which is a strong competitor for Brazil in poultry supply to destinations like the EU, Saudi Arabia and the Gulf states, is likely to export lesser volumes due to the war with Russia.
Overall poultry exports from Brazil stepped up 7.4% in February to 348,800 tonnes, including raw and processed products. In revenue, exports grossed USD 663 million last month, up 27.1%.
China, now the second largest importer of poultry from Brazil, brought in 42,300 tonnes last month, down 8.4% year on year. Third came South Africa at 30,700 tonnes. ABPA also highlighted sales to the Mexico, up 358% to 19,600 tonnes, and the EU at 16,500 tonnes, up 35.1%.
In the first two months of the year, poultry exports reached 723,700 tonnes, up 13% year on year to 640,400 tonnes. Revenue was up 33.9% to USD 1.280 billion from USD 956.1 million one year ago.
Source: ANBA – Arab Brasil News Agency
To read the full original article, please go to:
https://anba.com.br/en/uae-become-leading-importer-of-poultry-from-brazil/
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